The Resurgence of the South

While New York and California are losing population, states like South Carolina and Alabama are not only gaining residents at a record rate, but are also experiencing rapid economic growth.AdvertisementA recent JL Partners poll captures a shift in perception: 36 percent of Americans now expect the South to lead economic growth over the next decade — far ahead of the West Coast (23 percent), Northeast (21 percent), and Midwest (19 percent). This is quite a transformation. For as long as anyone can remember, the South seemed to be a byword for backwardness. Since the late nineteenth century, American commerce and...